RE:RE:Merger/Sale for Approval for May AGM ?weybac wrote: I talked to them several weeks ago and it was not difficult to interpret that FDA's approval was a long way off.
At that time, they had been looking over several exciting options that would monetize the entire asset bundle.
Having a brand new manufacturing plant built to the highest standards required for producing cancer drugs is a very strategic asset .
Whether its a merger or total buyout I dont know but there is a good chance that we should see their takeover choice before the AGM on May 20th 2016.
Any time that you can buy $0.35 + in hard assets including $0.145 in cash, you should not hesitate.
Recall that they sold their Animal Health assets very quickly for $61 million.
They have and can do deals very quickly and with 5 months of searching, I suspect that we will have one to vote on at the AGM
Give up the pump and fabrication of facts..people have been screwed over long enough..I had communication with head office as well...They couldn't say anything and gave no impression of anything in the works..The brand new plant is a vaccine plant which should never have been built not a plant designed for drug production..they were using an old plant in quebec which would have to be expanded for full production for mcna